This is a sponsored post written by me on behalf of Intuit. The opinions and text are all my own.
If you have questions about the Paycheck Protection Program, you’re not alone. What could be more important than taking care of your employees and ensuring the future of your business? If you’re a small business or other eligible organization, you can apply for a PPP loan through your bank or another SBA-approved lender, like QuickBooks. If you’re a QuickBooks customer, they can simplify the PPP loan application process within QuickBooks Capital.
What is PPP?
As part of the CARES Act, the government launched a new loan program called the ‘Paycheck Protection Program’ (PPP) that is designed to offer financial relief to small businesses and other eligible applicants negatively affected by COVID-19.
Potentially receive relief up to $10 million to cover payroll and certain operating costs. Funds may also be used for other allowable uses, including for mortgage interest, rent or utilities. There’s also a possibility that your loan may be forgiven, in whole or in part, if you meet certain requirements.
